Category: Joseph P. DeWoody

Traditionally, data acquisition in the oil and gas industry has been a cost center and not a revenue-generating asset for exploration and production (E&P) companies. Most E&P companies have collected rooms of filing cabinets full of logs, completion data and maps. However, with computing technology and the continued employment of Moore’s law throughout the hardware spectrum, the ability to... Subscribe...
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When it comes to oil and natural gas production, Texas has been a leader for many decades. One over-looked area where Texas leads is in the management of state-owned lands and the aligning of incentives between the state and the individual. Relinquishment Act (Mineral Classified) Lands include state-owned lands on which the surface was sold and minerals reserved to the...
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Today, power generation is the world’s single-largest source of energy demand, and over the next 30 years, natural gas will become the most important fuel source to provide electric consumption worldwide. It is important that the U.S. embraces the gift of its natural resources and that the government put in place regulations that allow producers to responsibly develop the country’s...
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The oil and gas industry is driving an expansive segment of the economy, not just here in Texas, but throughout the United States. Rising production within the industry is providing a massive amount of new jobs and revenues in a trickle-down style. A builder in Rockport, on the Texas coast, explained the other day that the Eagle Ford Shale is...
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With your help, we've set the record straight on all the media's misleading reporting. Noise from the Mainstream... From NBCNews.com— Fracking wastewater contaminated — and likely radioactive Contaminated waters The concentrations of radium Vengosh and his team detected are higher than those found in some radioactive waste dumps, and exceed the minimum threshold the federal government uses ... Subscribe and...
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The old adage across the plains of West Texas is to “Never Sell Your Mineral Rights!” And for good reason, the ownership of mineral rights provides families with a generational wealth preservation tool that surpasses many investment opportunities in the current marketplace. Mineral ownership is a perpetual ownership of the real estate under the surface of the earth. Often severed...
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